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Finding the cash flows in the profit-pollution nexus: petroleum refineries in Canada

Author

Listed:
  • Vanessa Magness
  • Marzieh Sabetjoo
  • Aziz Guergachi
  • Muhammad Khalid Gill

Abstract

This study builds on earlier work in the oil and gas industry that observed a negative relationship between pollution and profit. We argue that new technology lowers the cost of clean operations, and that a reduction in waste-emission enhances revenue streams and reduces the cost of waste treatment.

Suggested Citation

  • Vanessa Magness & Marzieh Sabetjoo & Aziz Guergachi & Muhammad Khalid Gill, 2010. "Finding the cash flows in the profit-pollution nexus: petroleum refineries in Canada," International Journal of Critical Accounting, Inderscience Enterprises Ltd, vol. 2(3), pages 267-288.
  • Handle: RePEc:ids:ijcrac:v:2:y:2010:i:3:p:267-288
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